Lundberg Eric F 4
4 · THESTREET, INC. · Filed Apr 10, 2019
Insider Transaction Report
Form 4
Lundberg Eric F
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2019-04-02$1.36/sh+650,000$884,000→ 827,799 total - Tax Payment
Common Stock, par value $.01 per share
2019-04-02$2.37/sh−372,995$883,998→ 454,804 total - Exercise/Conversion
Stock Option (Right to Buy)
2019-04-02−650,000→ 0 totalExercise: $1.36Exp: 2023-04-01→ Common Stock, par value $.01 per share (650,000 underlying)
Footnotes (2)
- [F1]Shares withheld by the Issuer in payment of the aggregate option exercise price incurred upon the above-reported exercise of the option. The amount of shares withheld is based on the closing price on April 2, 2019.
- [F2]1/3 of the shares underlying the option vested on April 1, 2017, with the remainder vesting in approximately equal monthly installments over the succeeding 24 months, subject to acceleration or forfeiture under various circumstances. On February 14, 2019, upon the sale of the Issuer's institutional business units to Euromoney Institutional Investor PLC, the option accelerated and became fully vested and exercisable.